yeah, I suppose you're one of them
I'm reading the book. It's quite interesting. I like this fragment : Time and again it did, and by the second week of January, Nav had gone from...
Could you do the numbers?
It's not clear how he made the money. Did he use calls on the credit index?
41,000 options. Unbelievable. I suppose it was a spread rather than a directional trade. What I don't understand is why he uses options and not...
Try to understand and analyze the volume. If you can analyze it correctly, you will be able to identify accumulation and distribution places.And...
41k options, how much money do you need as a margin? Millions...or billions, I guess ;)
I think he is addicted to drugs
Impressive returns. Yeah sure, being up 30% when the s&p500 gained 31,5%. Very impressive....
FO Week has learned that some Locals have identified trader Paul Rotter as the culprit in the row. Rotter, who claims to have been threatened by...
<< I generally limit myself to no mor than 150 contracts on a trade >> the equivalent of 1500 e-minis. Not bad...
But what's the margin you need to short 14000 puts on s&p500 ? millions, I guess
So, he short 14k put options but he didn't say if it was in crude oil market or the s&p. Why options and not futures?
As far as I know he didn't use leverage at that time, wasn't he?
Thanks again mate. I suppose that prop. firm was futex( the article says he then moved to cft). Do you remember if he was trading looking at any...
So if he wasn't spoofing, what was his style? Was he a spread trader? or maybe was looking for bigger moves? because according to this article (...
Hi everyone.Just for curiosity, tommo, do you know what nav's biggest position was?I've read something like 2000lots, but could it be bigger than...
There is no proof he was actually making €50m/year. If you check Greenhouse capital management annual report from 1998 to 2001 you'll see profits...
Thanks for your reply.So when ptj and bruce kovner were interviewed in market wizards book, they were mainly managing one position?
Hi, I've read in this website a few posts about kovner and PTJ . I was wondering, how many positions were they running in the 80's? According to...
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